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forward. >>> big news this morning. first according to several reports the sexual assault case against dominique strauss-kahn is falling apart because his accuser may not be telling the truth. strauss-kahn has a bail hearing later today. cbs news correspondent elaine quijano is at the courthouse in manhattan with the latest. >> reporter: good morning to you. if true these new developments represent a stunning reversal of fortune for the man whose political and financial career all but disintegrated when he was arrested six weeks ago. two law enforcement officials told "the times" the case against dominique strauss-kahn could soon collapse because they have uncovered major holes in the credibility of the housekeeper who filed the charges. >> this defendant is charged with criminal sexual acts in the first degree. >> reporter: the woman charged that strauss-kahn assaulted her and forced her to commit a sex act when he came upon her while she was cleaning his $3,000 a night suite at new york's sofitel hotel. forensic evidence confirms a sexual encounter between the two took place but pros
and if they agree to a big $4 trillion deal large enough that they would be able to agree to those tax increases. the problem for the white house is the clock is ticking and time's running out. >> pelley: nancy, is there anything on the books in terms of meetings with the president and the house and senate leadership? >> there's nothing right now, scott. in fact, all you hear is a lot of heat going back and forth. the president saying congress needs to get to work, republicans saying we're workinging, if you want to meet with us, come on down to capitol hill and meet with us. the senate has canceled its entire fourth of july recess, they were supposed to be gone all this week. instead they're going to be here starting tomorrow but it's very unclear what they're going to be doing because the president doesn't actually have any meetings scheduled with the top republican negotiators. >> pelley: of course, on this july 4 it's a day for parades and we saw a lot of presidential candidates in parades today. there was mitt romney in new hampshire. we saw michele bachmann in iowa. and i wonder, john, if
cummings and more. >>> a world renowned hospital earns big bragging rites. for the 22nd year in a row, johns hopkins is named the number one hospital in the rankings. it got the top spots in five of ten specialty fields as well. >>> two weeks to go before the united states defaults on loans. tara mergener has more on a debate and vote on a bill that's not expected to matter. >> reporter: the house republicans are on track to raise the debt limit for a price. >> we can't borrow 40 cents out of every dollar for the country. the constitutional amendment requires a balanced budget. the measure is expected to hit a dead end in the senate. the momentum is building for a bipartisan backup plan. it would let president obama raise the debt ceiling in stages. we need to stay in every day until we resolve the crisis confronting our country. >> reporter: the proposal has a chance, the conservatives are expecting deeper cuts. >> i wasn't elected to do nothing, to kick the can down the road. >> reporter: the white house is urging lawmakers to reach a deal by friday. in washington, tara mergener, e
day in the big city. i'm russ mitchell. >> i'm rebecca jarvis. from the jobs to the royals and the shuttle launch and to betty ford. >> a courageous first lady who battled addiction to pain killers and addiction to alcohol and defeating breast cancer. she died in palm springs, california, she was 93 years old. scott pelley takes a look back at her remarkable life. >> reporter: relatively unknown until her husband became president, betty ford became one of the most popular and respected women in america. born elizabeth anne bloomer april 18th, 1918, she grew up in grand rapids, michigan. she dreamed of becoming a professional dancer and after high school she moved east to study under martha graham, the high priestess of modern dance. she earned a spot in the auxiliary dance troupe but her mother pressured her to leave the troupe in 1941. she performed in her own dance troupe, married and divorced and then met a young man named gerald ford, they married in 1948, weeks before ford was elected to his first term in congress. through the 1950s and '60s, they were a traditional an
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